Senator Mushahid honoured with Silk Road award at BRI forum
BEIJING: Senator Mushahid Hussain was awarded Silk Road Award during Media Cooperation Forum on Belt and Road Initiative (BRI) in Beijing. Recognition was for his contributions to China-Pakistan Economic Corridor (CPEC). Award ceremony took place on...
Trade Expo paves way for booming Pak-Indonesia economic ties
JAKARTA: Consul General of Republic of Indonesia in collaboration with 20 distinguished business delegates from Karachi has embarked on vital journey to 38th ‘Trade Expo Indonesia’ held in Jakarta. 38th Trade expo was inaugurated by Coord...
PM updates Chinese mining firms of Pakistan’s pro-investment policies
BEIJING: Caretaker Prime Minister Anwaarul Haq Kakar said Pakistan was offering Chinese companies and world an opportunity for investment in mining and metallurgy sectors with high productivity yields. Prime Minister Kakar expressed these views as he...
Expected increase in power tariffs for KE consumers
ISLAMABAD: The power tariff for K-electric consumers may increase by Rs 3.02 per unit once again, according to reports. K-Electric has requested a raise in quarterly adjustments for the period from April to June 2023. The National Electric Power Reg...
Pakistan's auto industry faces shutdown due to raw material shortages
Pakistan's major auto manufacturers, including Honda Atlas Cars, Toyota Indus, and Pak Suzuki Motor Company (PSMC), are facing a crisis as they announce temporary shutdowns of their production plants due to an ongoing shortage of crucial raw material...
IMF forecasts better economic performance in current FY
ISLAMABAD: International Monetary Fund (IMF) has predicted that Pakistan’s economy would perform better in current and next fiscal years despite macroeconomic challenges. World Economic Outlook of IMF for October forecasts growth of 2.5 percent...
President for stronger economic, defence ties with Qatar
ISLAMABAD: President Dr Arif Alvi called for further strengthening ties with Qatar in fields of economy and defence for mutual benefit of two brotherly countries. President expressed these views while talking to visiting Chief of Staff of Qatar Armed...
Cotton output increased by 126pc, FCA output of other crops satisfactory
Karachi: Federal Committee on Agriculture (FCA) was informed that cotton output during season 2023-24 witnessed bumper increase of 126.6 percent and crop production was provisionally estimated at 11.8 million bales as it cultivated over 2.4 million h...
Planning Minister, Chinese official discuss energy projects
ISLAMABAD: Caretaker Minister for Planning, Development and Special Initiatives Muhammad Sami met with General Manager of China Energy International Group Limited Wang Huihua and discussed matters pertaining to bilateral relations with special focus...
WB asks Pakistan to tax agricultural, real estate sectors
ISLAMABAD: World Bank has asked Pakistan to tax agricultural and real estate sectors and recommended merging of salaried and non-salaried class thresholds for progressive Personal Income Tax (PIT). Lender has projected that if agriculture income and...
